Copying a business, or how to capitalize on other people's ideas (part 2)
How to capitalize on other people's ideas, or how to copy a business? Firstly, a little reservation. I do not want to say that the world does not need new…

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How to make money on tea?
In order to open your own business you need a business idea, of course. Today we’ll talk about one interesting thing - we’ll call it “how to make money on…

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How to do a SWOT analysis (part 2)
Step 2. Analysis of the business environment In this step of the SWOT analysis, we must analyze in more detail all of the above factors and understand what they actually…

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The main tasks of an entrepreneur, or what and how to do if you are an entrepreneur (part 2)

8. Foresight
Are you not a psychic? Sorry. Well, let’s do it, then somehow differently. OK stop, seriously. No superfluous feelings are meant. Remember, we have already called control one of the main tasks of an entrepreneur. I said there that everything needs to be measured and controlled. So, from these your measurements you must draw some conclusions. To analyze and draw real, practical conclusions. And on this basis, try to give some kind of forecast. What can change, which way, when, etc., in your business, of course, you understand. The task is not easy, but nonetheless.

In general, taking this opportunity, I’ll say that, of course, you can not perform all the main tasks of an entrepreneur that are listed here. Just like at school, you know, they made 7 out of 10, you get a solid three. Continue reading

Selling freshly squeezed juices as a business
Everyone began to take care of their health, everyone has heard about vitamins and minerals, about natural and environmentally friendly products. The time has come when people are really trying…

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Industry Analysis through 40 Questions (part 1)
Analysis of the industry is not only an important step in opening your own business, but also an important tool for conducting and developing your own business. Indeed, making an…

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Car rental as a business idea
Many of us have long been planning to open our own business and work only for ourselves. However, among many business ideas, people are lost, afraid to invest their hard-earned…

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